Insurance offers for new landlords
To protect your asset, landlord insurance is a must.
We strongly recommend you use a specialist landlord insurance provider because many general insurance providers offering cover for landlords may not provide sufficient cover.
While we don’t believe you should scrimp on insurance cover, (click here to read our guide of what you need to consider when comparing cover and quotes), we do believe in shopping around, and checking out special offers to ensure you get the best deal.
We aren’t licensed insurance brokers and as real estate agents, so we cannot, and we will not recommend an insurance company.
However, we can save you some of the shopping around legwork and highlight offers from companies which our clients seem to get the best results from their claims compared to others.
If you are looking for a specialist investment insurance company, now may be the time to take advantage of one of these current offerings:
Terri Scheer’s special offer for new Landlord Preferred and Scheer Short Stay policies
Terri Scheer Insurance is offering customers 15 months cover for the price of 12 months for the first year of new Landlord Preferred and Scheer Short Stay policies purchased from 09 March 2022 through to 30 June 2022.
Visit the website to find out more about what’s covered.
To redeem this offer, you can:
- Apply online at terrischeer.com.au
- Email an application form to customer service – customerservice@terrischeer.com.au
- Call the customer service team on 1800 804 016
Also select “Real Estate Agent” in answer to “Where did you hear about Terri Scheer Insurance” on the application.
RealtyProtect Landlords’ Policy Offer
The peak industry body, REINSW (Real Estate Institute NSW) together with Marsh are now offering a RealtyProtect Landlords’ Policy which can help meet landlords’ needs.
Benefits include:
- 20 weeks’ rent default cover with NO EXCESS for loss of rent
- Loss of rent following refusal of tenant to vacate 52 weeks
- Loss of rent due to damage 52 weeks
- Loss of rent due to prevention of access 52 weeks
More benefits can be found on its website here.
Although rent default has been increased…it is keeping the policy price the same – $465 per annum.*
Plus…all new landlords will receive 13 months for the cost of 12 in the first year of their policy.**
Get in touch and see how our property management services can make your life easier and free you up to do more of the things you want to do.
Simply give us a ring on 02 4956 9777, send us an email to mail@newcastlepropertymanagement.com.au or pop into our Cardiff office for a chat.
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*Less government taxes and policy document costs.
**The first period of insurance will be for 13 months. All subsequent renewals will be for 12-month periods. The precise period of insurance will be subject to the number of days in the relevant thirteenth month.